FTA: According to SMM, there were shutdown of some separation plants for maintenance in Jiangxi in December. In addition, severe losses led local scrap recyclers to lower operating rate to 30%. Therefore, dysprosium oxide production in Jiangxi shrank by 24%. Sustained dysprosium oxide price slip made buying appetites low, thereby fuelling weak trading volume in the dysprosium oxide market.
A little less than 6 months to go and the price continues to slowly drop.
https://news.metal.com/newscontent/102573740/china-december-dysprosium-oxide-output-and-forecast-for-january
FTA: According to SMM, there were shutdown of some separation plants for maintenance in Jiangxi in December. In addition, severe losses led local scrap recyclers to lower operating rate to 30%. Therefore, dysprosium oxide production in Jiangxi shrank by 24%. Sustained dysprosium oxide price slip made buying appetites low, thereby fuelling weak trading volume in the dysprosium oxide market.